Identify if true or false When inventory decreases, the net operating income under absorption costing is ALWAYS lower than of variable costing. When inventory decreases the fixed manufacturing...

Identify if true or false

When inventory decreases, the net operating income under absorption costing is ALWAYS lower than of variable costing.

When inventory decreases the fixed manufacturing overhead is deferred in inventory.

The change in production does not affect net operating income under variable costing system. *

Jun 02, 2022

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